CA Sandeep Kanoi

CBDT has vide its order dated 26.09.2013 has extended the due date for e-filing of Tax Audit Report to 31.10.2013. The order has nowhere mentioned about the due date for e-filing of Income tax Return (ITR). It seems due date for filing of ITR are been kept same. If Assessee do not file the ITR on or before 30th September 2013 he may have the following implications:-

  1. He may have to pay Interest U/s. 234A on taxes outstanding.
  2. Losses if any may not be allowed to be carried forward
  3. Assessee also have to Pay Statutory dues U/s. 43B on or before the filing of ITR or Due Date i.e. 30.09.2013 whichever is earlier.
  4. Those who filing there ITR on or before the due date i.e. 30.09.2013 will have to file Tax Audit Report either manually or electronically before 30.09.2013. If taxpayer has filed manually then he have to file the same electronically also on or before 31.10.2013.

CA Sudhir Halakhandi says that “The date extension notification is no relief at all , Professionals have wasted lot of time in faulty process of e-filing and now left with very little time to complete rest of the audits to produce the audit report to AO before 30-09-2013. ICAI should come forward to resolve the problem. “

As there in no print facility in Audit Report utility, now within 4 days Tax Professionals need to prepare the audit reports in manual formats ignoring, the time wasted in preparing audit report electronically, print it and submit at respective jurisdiction offices in long line of persons trying to submit it and then upload the return (ITR) and all these on or before 30th September 2013.

In True Terms for Tax Professional as evident from Order there is no extension for ITR or Tax Audit Report.  The only thing is if Assesssee faces any problem in Tax Audit Report online upload he may file the Tax Audit Report First Manually by 30.09.2013 and then electronically by 31.10.2013

Order has created a lots of confusion by not specifying regarding ITR and CBDT needs to immediately clarify its stand on ITR filing.

Press Release by Ministry of Finance Dated 26.09.2013

Time for Furnishing the Report of Audit Electronically Extended till October 31, 2013.

It has come to the notice of the Central Board of Direct Taxes (CBDT) that many assessees who are required to file their income tax returns by September 30, 2013 are finding it difficult to upload the report of Audit electronically as prescribed under the proviso to sub-rule (2) of Rule 12 of the IT Rules for the Assessment Year 2013-14. Therefore, the CBDT has decided to extend the time for furnishing the report of Audit electronically till October 31, 2013. However, the assessees are required to file the report of Audit manually with the jurisdictional Assessing Officer by the prescribed due date, i.e. September 30, 2013. The assessees are also required to file their returns of income electronically by the prescribed due date, i.e. September 30, 2013.

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0 responses to “Tax Audit Report date Extension – No Extension in Real Sense”

  1. Ramesh Kumar Thakur says:

    Dear Sir,
    will you elaborate the meaning to ” upload audit report till midnight [12.00 P.M.] on 30/09/2013 and simultaneously you may file manual report if you fails in upload the audit electronically till 8.00 P.M. on same date ie 30.09.2013″
    ———— IS IT HOW POSSIBLE ————- PLEASE GIVE ME ANSWER HONORABLE LAKHOTIA SIR ———————– / CHAIR MAN CBDT/ LAERNED CABINATE FINANCE MINISTER; Being citizen of India I have right to know the answer. from honarable sir,

  2. Chetan Jain says:

    uploading of audit report has literally become a joke for the department. presently the server is down and in the income tax department there is a huge que for submitting the report manually. Moreover when should we submit the ITR of the assessee. i guess responsible must come up with a proper solution…no doubt we have suffered a lot this month

    • ANAND JAIN says:

      BIG COMPANIES FILES RETURN 31.5 AUDIT IN ROC WHY YOU WAIT LAST DATE INCREASE DATE EVERY YEAR DATE AUDIT 30.9 INCOME TAX CREATE SOLUTION 26.9.2013 YOU CAN DEPOSIT MANNUAL AND FILE ONLINE 31.10.2013.

      MORAL : TIME IS VERY VALUABLE NO WAIT LAST DATE

    • Ramesh Kumar Thakur says:

      Dear Sir,
      The Jurisdictional Area of Income Tax Assessee is more than 60 k.m. from BIRPUR TRIVENIGANJ, CHAUSA, ALAMNAGAR TO I.T.O.OFFICE SAHARSA, and the areas are not safe in any manner,here meaning less to say communication problem.
      The extension of time ,will not effect any adverse, while it will help the assesse to file their return with Audit Report smoothly,I hope in last moment the CBDT may be pleased and extend the Date for Return Filing.
      Thanks and Regards

  3. K K SARAWAGI says:

    The extension of date of manual filing of audit report beyond 30th September would mean issue of further notification for extension of filing of return also beyond 30th September. Since this is a transitional year, assessees should have been ready with the audited accounts as per provisions of section 44AB.

    However, when date of filing audit report is 30th September, further one month time should be given in section 139 itself for filing return thereafter.

  4. ANAND JAIN says:

    CBDT DON’T WORK IN FAVOR CA’S . ONE PARTY BOMBAY TAX AUDIT IN DELHI – THEN CA DEPOSIT RETURN KARNE KE LAYE DELHI JAYE KOKI RATT 30.9.2013 12.00 PMKO FILE NAHI HUI

  5. CA Rajib Deb says:

    CBDT should clearly mention is intention for extension of time to submit the TAR;

    As filling the return in such cases in electronic form is mandatory vide notification no 626 (E) dated 28/03/2012, how one can submit it manually.

  6. CA Hariprasad says:

    IT IS A CRUEL JOKE ON BOTH PROFESSIONALS AND TAX PAYERS.

    THIS FACILITY OF MANUAL FILING OF AUDIT REPORTS SHOULD HAVE BEEN ANNOUNCED IN THE
    FIRST WEEK OF SEPT.

    WE SHOULD FIND PERMANENT SOLUTION AND NOT THIS WAY OF BEGGING.

    AUDITEES SHOULD BE MADE TO FILE UN AUDITED FINANCIAL STATEMENTS IN THE OF MAY ITSELF.
    SO THAT THEY WON’T COME TO US IN THE LAST WEEKS OF SEPTEMBER FOR AUDIT.
    THEY WILL TAKE CARE OF ACCOUNTS ON DAY TO DAY BASIS.
    I FEEL THIS SOLVES OUR PROBLEMS.

  7. indiantaxworld says:

    we will jump into river but we wiil not bath –

  8. HARUNAL RASID ADVOCATE says:

    WHY CBDT EXTENDED THE TIME FOR WHOM ? WHO WILL ENJOY AND WHO WILL CRY ? EVERY LAW RELTED NOTIFICATIONS MUST BE CLEARED FOR HUMANBEINGS [IF THE PROFESSIONALS OR ASSESSEE ARE BEING A HUMAN ACCORDING TO THE AUTHORITY ] OTHER WISE IT WILL TREAT AS VIRUS FOR THE INDIAN BONAFIDE.

  9. INDIANTAXWORLD says:

    according to the notification for the assessee may also jump into the river but should not bath.

  10. A S SHANMUGASUNDARAM says:

    AUDIT REPORT SHOULD BE FILED (UPLOADED) BEFORE ITR IS UPLOADED. IF TIME EXTENDED FOR UPLOADING AUDIT REPORT ELECTRONICALLY, IT SQUARELY APPLICABLE TO ITR ALSO. EVEN IF THE NOTIFICATION IS NOT SO SPECIFIC, THE MESSAGE FROM THE NOTIFICATION IS, YOU HAVE TWO OPTIONS. EITHER FILE ELECTRONICALLY OR MANUALLY (UPTO 30.09.2013) ONLY A STOP GAP. SO YOU ARE AT LIBERTY TO CHOOSE EITHER ONE. TAKE YOUR TIME TO UPLOAD REPORTS ELECTRONICALLY UPTO 31.10.2013.

    PRAY GOD (GOVERNMENT) NO SCHEMA CHANGES HEREAFTER.

    DO NOT WASTE YOUR TIME IN INTERPRETING THE NOTIFICATION. ARISE, AWAKE TILE GOAL (UPLOADING REPORTS) IS NOT REACHED IE BY 3110.2013

  11. Vicky says:

    Can any body clarify as per notification issued for date extension, printed audit report need to be submitted to department, but how we can take print out of audit report by using Income tax departments software ? Any body can guess it. If print out cannot be taken by using governments software, how can we submit it in print out format to Income Tax Department ?

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